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Shares in Southwest and other airlines slumped on the weaker revenue forecast.
Investors’ concerns ease after leading carriers deliver upbeat outlooks for 2019
Colourful quotes from the well-liked and free-spirited co-founder of Southwest Airlines
Fun-loving, chain-smoking and hard-drinking airline executive transformed his industry
American Airlines sees $2.3bn rise in fuel bill and predicts ticket prices will go up
Boeing 737 service from New York to Dallas forced to make emergency landing
Regulatory blow for Murdoch, drugmakers’ M&A, Qualcomm’s fine, US airlines and GE
Southwest chief says price war fears are overblown but sector sell-off deepens
Investors alarmed by United’s plans to add seats and face down low-cost carriers
The system of bumping off passengers usually works for both carriers and customers
Sage of Omaha’s bet on passenger transportation is justified by recent consolidation
Berkshire Hathaway reveals holdings in industry he called an investor ‘death trap’
US stocks mixed as Apple suffers a decline
Subdued performance for US stocks as investors consider mixed earnings reports